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Last Night’s Talk Shows: Inflation, our GTC exit, another internet scam busted
Lamees El Hadidi was the only person worth listening to on the airwaves last night, thanks to her recap of…
THIS MORNING: The CBE is allowing you to transfer more money via InstaPay + The SVB fiasco
Daily, monthly and per-transaction limits are all increasing
Did the CBE just pave the way for Apple Pay and Samsung pay?
The central bank is trying to move Egypt towards a cashless economy
Fawry’s net income rises 70% in 2022
E-payments giant Fawry’s adjusted net income climbed 70% y-o-y to EGP 316.9 mn in 2022, according to its earnings release…
Companies no longer need a credit rating to issue bonds + sukuk
There are some caveats.
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
Crypto platform Rain throws in with MoneyHash on payments. Plus: STV is fundraising and Raya’s accelerator inks pact with GIZ
MoneyHash’s API will allow Rain to add payment service providers and payment methods across the Middle East and Africa.
Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim
FINTECH- Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, pay bills: Local e-payments giant Fawry…
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